Nonprofit · EIN 75-0939167
SKEL-TEX CREDIT UNION
Tax-exempt · SKELLYTOWN, TX 79080
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $278,648 | $223,132 | $55,516 | $6,199,038 | $4,889,753 | $1,309,285 |
| December 31, 2024 | 990 | $232,019 | $228,112 | $3,907 | $5,815,843 | $4,562,074 | $1,253,769 |
| December 31, 2023 | 990 | $210,839 | $222,268 | -$11,429 | $5,871,771 | $4,621,909 | $1,249,862 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $79,807
- Royalties
- $198,841
- Other revenue
- $198,841
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $69,690
- Compensation of officers, directors and key employees
- $105,803
- Salaries, compensation and benefits (total)
- $105,803
- Professional fundraising fees
- $0
- Occupancy
- $4,205
- Travel
- $222
- Program services (functional)
- $169,513
- Management and general (functional)
- $53,619
Balance sheet and other
- Total assets, start of year
- $5,815,843
- Total assets, end of year
- $6,199,038
- Total liabilities, end of year
- $4,889,753
- Net assets, end of year
- $1,309,285
- Land, buildings and equipment
- $7,130
- Publicly traded securities
- $2,505,361
- Gross receipts
- $278,648
- Employees
- 3
- Volunteers
- 7
- Year formed
- 1954
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terri Cone | Manager Key employee, Highest-paid employee | 35 | $53,619 |
| Glenna Swanson | Board Secretary Trustee or director | 0 | $0 |
| Raymond Hanover | Board Director Trustee or director | 0 | $0 |
| Reva Williams | Board Treasurer Trustee or director | 0 | $0 |
| Larry Brown | Board Chairman Trustee or director | 0 | $0 |
| Sherry Kramer | Board Vice-Chairman Trustee or director | 0 | $0 |
| Cecil Nunn | Board Director Trustee or director | 0 | $0 |
| Terry Sargent | Board Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terri Cone | Manager Key employee, Highest-paid employee | 35 | $52,269 |
| Glenna Swanson | Board Secretary Trustee or director | 0 | $0 |
| Raymond Hanover | Board Director Trustee or director | 0 | $0 |
| Reva Williams | Board Treasurer Trustee or director | 0 | $0 |
| Larry Brown | Board Chairman Trustee or director | 0 | $0 |
| Sherry Kramer | Board Vice-Chairman Trustee or director | 0 | $0 |
| Cecil Nunn | Board Director Trustee or director | 0 | $0 |
| Terry Sargent | Board Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terri Cone | Manager Key employee, Highest-paid employee | 35 | $52,419 |
| Glenna Swanson | Board Secretary Trustee or director | 0 | $0 |
| Raymond Hanover | Board Director Trustee or director | 0 | $0 |
| Reva Williams | Board Treasurer Trustee or director | 0 | $0 |
| Larry Brown | Board Chairman Trustee or director | 0 | $0 |
| Sherry Kramer | Board Vice-Chairman Trustee or director | 0 | $0 |
| Cecil Nunn | Board Director Trustee or director | 0 | $0 |
| Terry Sargent | Board Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 660, SKELLYTOWN, TX 79080-0660
- Principal officer (990 for 2025)
- Terri Cone, PO Box 84, Skellytown, TX 79080
- Signed the 990
- Terri Cone, Manager
- Phone
- (806) 848-2413
Mission
To serve our members to the best of our ability.
Program accomplishments
- Total Functional Expenses.Expenses $169,513
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-0939167
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2742: CREDIT UNION DEPARTMENT OF THE STATE OF TEXAS
- Assets (IRS master file)
- $6,199,038
- Income (IRS master file)
- $278,648
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $278,648 | $223,132 | $6,199,038 | IRS |
| 990 | December 2024 | $232,019 | $228,112 | $5,815,843 | IRS |
| 990 | December 2023 | $210,839 | $222,268 | $5,871,771 | XML |
| 990 | December 2022 | $192,873 | $195,487 | $6,950,084 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-0939167).
Questions about SKEL-TEX CREDIT UNION
- What is the EIN of SKEL-TEX CREDIT UNION?
- The employer identification number (EIN) of SKEL-TEX CREDIT UNION is 75-0939167.
- Is SKEL-TEX CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1976.
- Are donations to SKEL-TEX CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SKEL-TEX CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SKEL-TEX CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SKEL-TEX CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SKEL-TEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 names Terri Cone.
- Who are the officers and directors of SKEL-TEX CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $53,619 (Terri Cone, Manager).
- How much revenue does SKEL-TEX CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $278,648, expenses of $223,132 and total assets of $6,199,038 at year end.
Other nonprofits in SKELLYTOWN
- SKELLYTOWN AREA VOLUNTEER FIREFIGHTERS-EMS ASSOCIATION INC EIN 75-2875184 · last filed 990 for 2025